Graf Acquisition Correlations

Summary

GFORDelisted Stock

USD 10.42 0.04 0.38%

The current 90-days correlation between Graf Acquisition Corp and Better World Acquisition is 0.05 (i.e., Significant diversification). The correlation of Graf Acquisition is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Graf Acquisition Correlation With Market

Good diversification

The correlation between Graf Acquisition Corp and DJI is -0.18 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Graf Acquisition Corp and DJI in the same portfolio, assuming nothing else is changed.

Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Moving together with Graf Stock

0.61	SSNLF	Samsung Electronics	Pair Corr
0.73	PTAIF	PT Astra International	Pair Corr
0.79	AA	Alcoa Corp Fiscal Year End 15th of January 2025	Pair Corr
0.79	INTC	Intel Fiscal Year End 23rd of January 2025	Pair Corr
0.62	HD	Home Depot Sell-off Trend	Pair Corr
0.81	CVX	Chevron Corp Fiscal Year End 7th of February 2025	Pair Corr
0.81	BAC	Bank of America Aggressive Push	Pair Corr
0.87	DIS	Walt Disney Aggressive Push	Pair Corr
0.79	CSCO	Cisco Systems Aggressive Push	Pair Corr
0.61	CAT	Caterpillar Fiscal Year End 3rd of February 2025	Pair Corr
0.82	WMT	Walmart Aggressive Push	Pair Corr
0.71	HPQ	HP Inc	Pair Corr
0.75	JPM	JPMorgan Chase Sell-off Trend	Pair Corr
0.7	TRV	The Travelers Companies Fiscal Year End 17th of January 2025	Pair Corr

Moving against Graf Stock

0.84	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr
0.8	BKRKY	Bank Rakyat	Pair Corr
0.78	PPERF	Bank Mandiri Persero	Pair Corr
0.78	TLK	Telkom Indonesia Tbk	Pair Corr
0.77	PPERY	Bank Mandiri Persero	Pair Corr
0.76	BA	Boeing Fiscal Year End 29th of January 2025	Pair Corr
0.7	BKRKF	PT Bank Rakyat	Pair Corr
0.53	PBCRY	Bank Central Asia	Pair Corr
0.45	PBCRF	PT Bank Central	Pair Corr

Related Correlations Analysis

	KWACW	DHAC	LCAA	BWAC	VMCAW	ESACU	FXCO	AACIU	FSNB
KWACW		0.07	0.36	0.47	0.35	0.47	0.26	0.1	0.27	KWACW
DHAC	0.07		0.6	0.42	-0.12	0.36	0.41	0.47	0.56	DHAC
LCAA	0.36	0.6		0.9	-0.28	0.83	0.86	0.03	0.91	LCAA
BWAC	0.47	0.42	0.9		-0.08	0.9	0.75	0.04	0.78	BWAC
VMCAW	0.35	-0.12	-0.28	-0.08		0.01	-0.41	0.39	-0.37	VMCAW
ESACU	0.47	0.36	0.83	0.9	0.01		0.75	0.06	0.71	ESACU
FXCO	0.26	0.41	0.86	0.75	-0.41	0.75		-0.15	0.89	FXCO
AACIU	0.1	0.47	0.03	0.04	0.39	0.06	-0.15		-0.01	AACIU
FSNB	0.27	0.56	0.91	0.78	-0.37	0.71	0.89	-0.01		FSNB
	KWACW	DHAC	LCAA	BWAC	VMCAW	ESACU	FXCO	AACIU	FSNB

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Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

FSNB	+ 0.91	LCAA
BWAC	+ 0.9	LCAA
ESACU	+ 0.9	BWAC
FSNB	+ 0.89	FXCO
FXCO	+ 0.86	LCAA
ESACU	+ 0.83	LCAA

High negative correlations

FXCO	- 0.41	VMCAW
FSNB	- 0.37	VMCAW
VMCAW	- 0.28	LCAA
AACIU	- 0.15	FXCO
VMCAW	- 0.12	DHAC
VMCAW	- 0.08	BWAC

Risk-Adjusted Indicators

There is a big difference between Graf Stock performing well and Graf Acquisition Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Graf Acquisition's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
KWACW	54.10	19.14	0.47	7.49	29.83	(98.40)	161.33	(62.22)	749.43
DHAC	3.71	0.17	0.02	0.44	4.64	(6.36)	11.52	(8.60)	39.15
LCAA	0.10	0.02	(0.57)	6.57	0.00	(0.17)	0.29	(0.10)	0.68
BWAC	0.13	0.00	(0.38)	0.00	0.07	(0.23)	0.28	(0.37)	1.02
VMCAW	18.26	3.18	0.14	1.36	15.68	(34.95)	49.17	(33.11)	201.34
ESACU	0.29	0.13	0.00	(15.68)	0.00	0.00	0.00	0.00	6.64
FXCO	0.10	0.03	0.00	(1.74)	0.00	0.00	0.47	0.00	1.66
AACIU	0.92	(0.18)	0.00	(0.03)	0.00	0.00	4.19	(4.43)	19.47
FSNB	0.10	0.02	(0.57)	5.69	0.00	(0.18)	0.19	(0.19)	0.97

Graf Acquisition Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Graf Acquisition stock to make a market-neutral strategy. Peer analysis of Graf Acquisition could also be used in its relative valuation, which is a method of valuing Graf Acquisition by comparing valuation metrics with similar companies.

Kingswood Acquisition Corp Digital Health Acquisition L Catterton Asia Better World Acquisition VALUENCE MERGER P ESGEN Acquisition Corp Financial Strategies Acquisition Armada Acquisition Corp Fusion Acquisition Corp GigCapital5 Crown Proptech Acquisitions Valuence Merger Corp East Resources Acquisition American Airlines Group Alcoa Corp

Risk & Return

Correlation

Graf Acquisition Corporate Management

Sterling Cross	CFO Treasurer	Profile
Sabrina McKee	Ex Director	Profile
Anthony Kuznik	Gen VP	Profile
James Graf	Chief Officer	Profile

Still Interested in Graf Acquisition Corp?

Investing in delisted delisted stocks can be risky, as the stock is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.

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